Investors are offering to buy importers’ rights to any refunds of the administration’s levies. It’s a longshot wager that courts will overturn the tariffs.
Category: Trump, Donald J
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Health Care Costs for Workers Begin to Climb
A survey shows employers expect a sharp increase in benefit costs for next year, and many will want workers to shoulder more of the burden.
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In Tariff Standoff With Trump, China Boycotts American Soybeans
U.S. farmers need to sell their incoming crop, and China needs to buy it in case its main alternative, Brazil, has a flood or drought. But their trade war prevents a deal.
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Trump Asks Supreme Court to Allow His Sweeping Tariffs
A federal appeals court had invalidated a centerpiece of President Trump’s economic strategy, finding that a 1977 law did not authorize the tariffs.
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Newsmax Accuses Fox News of Violating Antitrust Laws
The smaller outlet in conservative TV news argued in a lawsuit that Fox News had essentially created a monopoly. Fox said the case had no merit.
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Stephen Miran, Trump’s Pick for Fed, Says He Will Preserve Its Independence
Stephen Miran is scheduled to face members of the Senate Banking Committee on Thursday as the administration steps up its attacks on the Federal Reserve.
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F.D.A. Official Overruled Scientists on Wide Access to Covid Shots
The agency’s staff scientists pointed out how Covid was still unpredictable and posed a threat to toddlers, but the official decided to restrict shots only to children with risk factors.
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Trump’s Fight with the Fed Carries a Heavy Cost, Experts Say
The president’s attacks on the central bank’s independence could undermine investor confidence in the institution at a crucial time.
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After Court Defeat, Trump Warns of Economic Chaos From Loss of Tariffs
The president and his advisers have suggested they will fight a federal appeals court’s ruling that found many of the administration’s tariffs to be illegal.
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Trump Family Profits Even With Tepid Launch of Crypto Tokens
World Liberty Financial’s cryptocurrency token fell short of investors’ hopes. But a previous deal paved the way for a payment to the Trump family of potentially hundreds of millions of dollars.
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India Was the Economic Alternative to China. Trump Ended That.
A lurch in policy has shaken the India-U.S. economic alliance against China, leaving India little choice but to consider reversing its own strategy.